Summary of Arvid And Tyler Catch Up Podcast Episode: Diversifying Your SaaS When Money Dries Up
— Description —
Arvid Kahl and Tyler Tringas discuss the challenges faced by founders in sticky financial situations and the struggles of finding quality sponsors for media businesses They emphasize the evolving nature of SaaS businesses, the importance of balancing automation with human interaction, and the potential impact of AI on society The conversation also explores the idea of a community-based approach for their podcast content, concerns about the rapid evolution of AI, and the possibility of shifting the podcast format into something that can be reused
They consider monetization, the impact on their bottom line, and the potential of bringing in experts to share specific knowledge The podcast has around 3,000 downloads and over 100 downloads on the day of release, with approximately 200 listens within the first 30 days for each episode on Spotify Arvid Kahl expresses excitement about the direction of future conversations and engagement.
Diversifying Your SaaS When Money Dries Up
Key Takeaways
- Arvid and Tyler emphasize the importance of taking time for themselves and not feeling guilty about it.
- They discuss the challenges faced by founders in sticky financial situations and the struggles of finding quality sponsors for media businesses.
- They highlight the evolving nature of SaaS businesses, emphasizing the shift towards more personalized and human-involved services.
- Arvid shares his experience with Feedback Panda, emphasizing the importance of balancing automation with human interaction in a business.
- They are considering a community-based approach for their podcast content, exploring the idea of creating a self-paced but real-time effort with interactive Q&A sessions and a searchable video database of content.
- They express concerns about the rapid evolution of AI and its potential impact on society, and discuss the possibility of shifting the podcast format into something that can be reused, possibly blending into more straightforward CalmMBA content.
Embrace Diversification for Business Success
- Arvid and Tyler catch up after a week off, emphasizing the importance of taking time for themselves and not feeling bad about it.
- Tyler shares his experience with rock climbing in Colorado and the challenges faced by founders in sticky financial situations.
- Arvid discusses the struggles of finding quality sponsors for his media business and the pressure from sponsors to show measurable results.
- The conversation shifts to the value of selling sponsorship slots and the balance between promoting personal products and other sponsors.
- Arvid explains his strategy of diversifying income sources through consulting, courses, and books, and the need for long-term sponsorships to reduce constant renegotiation.
- Tyler suggests the 'use all parts of the buffalo' mindset for businesses to maximize revenue and adapt to challenging environments.
SaaS Evolution: Personalized and Human-Involved
- The conversation between Arvid Kahl and Tyler Tringas highlights the evolving nature of SaaS businesses, emphasizing the shift from empty SaaS to more personalized and human-involved services.
- They discuss the trend of combining services, productized services, and AI to offer more comprehensive solutions to users, moving away from the complete automation approach.
- Arvid Kahl shares his experience with Feedback Panda, emphasizing the importance of balancing automation with human interaction in a business, and the value of bespoke creations for those willing to pay the price.
- The conversation also delves into the impact of AI, particularly ChatGPT, on professional communication, raising concerns about the potential shift in expectations and the divergence between capacity and understanding of quality.
- The dialogue touches on the challenges and implications of globally accessible AI tools, highlighting the socio-technical complexities and the potential difficulties for individuals starting out in such an environment.
Revolutionize Content Creation with Community Approach
- The accountability podcast is working, but there's uncertainty about the ideal format for the content. They are considering a community-based approach similar to the Small Bets community by Daniel Vasallo.
- They are exploring the idea of creating a self-paced but real-time effort with interactive Q&A sessions and a searchable video database of content.
- They plan to develop an 8 to 12-week roadmap for the launch and are excited about the potential of bringing in experts to share specific knowledge.
- Arvid Kahl's parents are visiting Canada soon, and they plan to explore Toronto, Niagara Falls, and the countryside.
- They are considering the monetization aspect of the community and the impact on their bottom line.
Stay Updated on AI Progress
- Arvid Kahl expresses concern about the rapid evolution of AI and its potential impact on society, comparing it to the slow development of internet regulations.
- Tyler Tringas suggests having a module on how to stay calm in the world of AI progress within the first 10 weeks of the podcast.
- Arvid Kahl agrees and emphasizes the importance of staying updated on new technologies and developments within their community.
Podcast Success Metrics and Future Plans
- The podcast has around 3,000 downloads and gets over 100 downloads on the day of release, which is pretty nice. Posting it to Twitter seems to be a good idea as it allows people to listen to it or watch it right there. There are approximately 200 listens within the first 30 days for each episode on Spotify. The podcast has around 100 subscribers according to Transistor. Arvid Kahl feels that the podcast is doing great and is fun. He also mentions that his other podcast is doing well too.
- Arvid Kahl and Tyler Tringas discuss the possibility of shifting the podcast format into something that can be reused, possibly blending into more straightforward CalmMBA content. They also talk about the idea of forcing people who join CalmMBA to listen to the first 10 or 11 episodes of the show before accessing the content. Arvid Kahl gives a shout out to Bilal Khan for inviting him to a Zoom call and engaging in ad hoc consulting, expressing gratitude for the sharing part.
Arvid Kahl's Exciting Conversation Anticipation
- Arvid Kahl is looking forward to talking to someone next week and is excited about the direction the conversation will take.
- He anticipates that next week will be a lot of fun and is eager to engage in the discussion.